vx13 Posted May 9, 2011 Report Share Posted May 9, 2011 (edited) Hi I was wondering if anyone could create an ATR Trailing Stop Band indicator. It looks like: http://www.incrediblecharts.com/images/png_images/crb_atr_bands.png Below I have attached an indicator that creates either one side or the other of the trailing stop band. I'm having trouble having them plot both sides to create a channel like the above image. Any help would be much appreciated! :D http://[email protected]/BR4PMQZGW4 Edited May 9, 2011 by vx13 minhtri 1 Quote Link to comment Share on other sites More sharing options...
JamatL Posted May 9, 2011 Report Share Posted May 9, 2011 ATR Bands Easy tweak. hopefully this is what your looking for... http://www.multiupload.com/R00L1EIJR3 hockboon, hermes, minhtri and 3 others 6 Quote Link to comment Share on other sites More sharing options...
vx13 Posted May 9, 2011 Author Report Share Posted May 9, 2011 Thank you! Exactly what I was looking for! hermes 1 Quote Link to comment Share on other sites More sharing options...
hermes Posted May 10, 2011 Report Share Posted May 10, 2011 (edited) vx13 and now give us some instructions how to read that exotic indicator. Thanks Hermes Edited May 10, 2011 by hermes Quote Link to comment Share on other sites More sharing options...
vx13 Posted May 10, 2011 Author Report Share Posted May 10, 2011 When you have a sell order, set your stoploss to whatever the red line is. When you have a buy order, set you stoploss to whatever the blue line is. These lines trail behind price to lock in an optimum amount of pips. I use optimum loosely of course. I needed this for an EA that manages my stoplosses (but not my entries or orders). Quote Link to comment Share on other sites More sharing options...
kmcco Posted May 10, 2011 Report Share Posted May 10, 2011 you can try tralingator EA. It has been posted on http://indo-investasi.com/showthread.php/12855-Trailingator?highlight=tralingator Quote Link to comment Share on other sites More sharing options...
PipQueen2 Posted July 18, 2011 Report Share Posted July 18, 2011 (edited) Can you share this EA STOP Loss that you use? Edited July 18, 2011 by PipQueen2 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.